Orderings based on the banks set: Some new scoring methods for multicriteria decision making. Issue 5 (20th March 2014)

• Record Type: Journal Article
• Authors: Moser, Scott
• Is Part Of: Complexity. Volume 20:Issue 5(2015:May/Jun.)
• Page Start: 63
• Page End: 76
• Publication Date: 2014-03-20
• Subjects: Chaotic behavior in systems -- Periodicals; Complexity (Philosophy) -- Periodicals; 003
• DOI: 10.1002/cplx.21527
• Languages: English
• ISSNs: 1076-2787

Abstract

<abstract abstract-type="main"> <title> <x xml:space="preserve">Abstract</x> </title> <p>This article introduces new methods for ranking alternatives in multicriteria decision making situations. Each is based on the normative position that the strength of an alternative is inversely related to the number of alternatives that could prevent it from being chosen. The scores discriminate among elements of the Banks set (Banks, Soc Choice Welfare, 1985, 1, 295–306). The new scoring methods are compared to traditional scoring methods and related to the amount of intransitivity (specifically, the size of the top‐cycle) of aggregated preference. The new scores are shown to measure important aspects of alternatives not captured by extant scoring methods and are illustrated in collective choice settings. © 2014 Wiley Periodicals, Inc. Complexity 20: 63–76, 2015</p> </abstract>